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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (71860)	12/13/1999 8:25:00 PM
From: re3	Read Replies (1) \| Respond to of 132070

it made your tuesday did it ? it hasn't made my monday, not by a canuck buck ! when do these gems start fielding a team in the bigs anyhow ?

To: pater tenebrarum who wrote (71860)	12/13/1999 8:40:00 PM
From: PaperChase	Read Replies (3) \| Respond to of 132070

Uncontrollable collapses are a myth. Fundies are not running out of money to move stocks under volume despite having cash balances below 2% (?) a couple of months ago. Yardeni is still telling the world that in 18 days there is a 70% chance Y2K will begin to have an affect on Wall Street. What BS! He will be last bear to fall on his sword real soon. Y2k is a big myth. <no g> Yardeni's 70% negative weighting on Y2k, 30% Multiple problems cause modest 6-month recession. Real GDP down 1%-2%. Stock market down 10%-15%, then soars. 35% Major global recession lasting 6-12 months. Real GDP down 2%-3%. Flight to quality. Deflation. Stock market down 30%, then heads toward 15,000 by 2005. 5% Depression lasting 2-5 years. Blackouts. Social and political upheaval. Stock market...you don?t want to know. I don't need to tell you to buy the dip. <G>